Immersive Read QUESTION 1 A company manufactures two products, X and Y, which it sells for E218 and $236 per unit, respectively. The company's budget data for the next period are as follows: Product X Product Y Sales (units) 5,800 8,400 Material A (kilos per unit) 3 Material B (kilos per unit) 25 1.75 Direct labour (hours per unit) 1.5 2 The standard direct material prices and the standard direct labour rate are: Material A $20.62 per kilo Material B $13.84 per kilo Direct labour E18.76 per hour Production overheads are budgeted at $430,500 and are absorbed into products on the basis of direct labour hours. The stocks of finished goods and raw materials are budgeted to be: Start of period End of period Product X 650 units 930 units Product Y 1,680 units 1.020 units Material A 9.500 kilos 6,750 units Material B 3,360 kilos 4.640 units REQUIRED Prepare the following budgets for the next period: production (units of each product) (3 marks) purchases (quantity in kilos and cost for Material B) (4 marks) direct labour (total hours and cost) Is marksi